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Guy Carpenter: ‘Now is the time to lean into the market’

The broker said some reinsurers were planning for significant growth in property catastrophe as demand is expected to pick up pace.

Fiona Robertson, 07 September 2022
Gallagher Re taps Goring to head cyber reinsurance hub in New York

The executive will relocate from London to head the North America team of cyber brokers and actuaries.

Kyoung-son Song, 07 September 2022
IG clubs swerve Gibraltar shipwreck loss and continue clear run for pool claims

The OS 35 has P&I coverage in place with QBE’s British Marine, which will shoulder clean-up costs from the incident.

Samuel Casey, 07 September 2022
FCA has cut case backlog by 40%, CEO tells MPs

The FCA’s CEO said the regulator is making progress on clearing the backlog, in a response to a Treasury Committee report on regulation and accountability.

Marcel Le Gouais, 07 September 2022
Carnegie-Brown: Cost a ‘huge issue’ for the insurance industry

The Lloyd’s chairman acknowledged that, five years ago, the corporation wasn’t “match fit”.

Luke Harrison, 07 September 2022
SiriusPoint brings in former RSA executive Egan as CEO

The appointment comes after the sudden departure of previous chief Sid Sankaran in May.

Catrin Shi, 07 September 2022
Aspen posts 88.2% combined ratio, $130mn operating income for H1

The carrier also reported GWP of just over $2.3bn for the first half of the year.

Aisling Finn, 07 September 2022
Cinven agrees to acquire Swedish broker Säkra from Adelis

The deal is Cinven’s third recent P&C insurance investment.

Rachel Dalton, 07 September 2022
AIG files defence in $3.5bn AerCap lawsuit

The carrier denied it is liable to pay any of AerCap’s claim on the grounds that no loss has been suffered.

Aisling Finn, 07 September 2022
‘No industry consensus on FCA, PRA accountability tools’: UK government

The government has also resisted any new accountability measures that would impact the regulators’ independence, in a response to an MPs’ report.

Marcel Le Gouais, 07 September 2022

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